Tag Archives: Chicago PMI

Welcome Back Recession: Chicago PMI Implodes To 49, First Sub-50 Print Since September 2009

  Total collapse.┬áThat is the only way to explain what just happened with the Chicago PMI which imploded from 52.4, and printed at a contractionary 49: the first sub-50 headline print since September 2009. But that’s not all: Deliveries, Prices … Continue reading

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Manufacturing ISM Plummets To Lowest Print Since July 2009

So much for the 3rd Recovery (or is that 4th?) in the current depression: following the Chicago PMI which posted a solid beat on horrendous internals, today’s Manufacturing ISM came in just as expected, at least by those skeptical of … Continue reading

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Chicago PMI Collapses and Dallas Fed Plunges

The Chicago Purchasing Managers’ Index (PMI) came in at 56.2 this morning. The lowest forecast had been 58. As businesses start to contract, the BLS unemployment figures will increase in May once the government’s “seasonal adjustments” are removed from their … Continue reading

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